Michael McGrath
Question:179. Deputy Michael McGrath asked the Minister for Finance the amount of deposits covered by the deposit guarantee scheme; and if he will make a statement on the matter. [29809/15]
View answerDáil Éireann Debate, Thursday - 16 July 2015
179. Deputy Michael McGrath asked the Minister for Finance the amount of deposits covered by the deposit guarantee scheme; and if he will make a statement on the matter. [29809/15]
View answerThe Central Bank of Ireland is responsible for the operation of the Deposit Guarantee Scheme (DGS), which covers licensed credit institutions operating in the State.
The DGS covers deposits up to €100,000 per eligible depositor per credit institution. The amount of covered deposits currently stands at approximately €87bn.